Health care delivery, which includes hospitals, nursing homes and diagnostics centers, and pharmaceuticals, constitutes 65 per cent of the overall market. Experts predict that India needs 600,000 to 700,000 additional beds over the next five to six years, which would be at a value of about US$ 25-30 billion.The Indian medical tourism industry is pegged at US$ 1 billion per annum, growing at around 18 per cent and is to touch US$ 2 billion in 2015.
The hospital and diagnostic centers attracted foreign direct investment (FDI) worth US$ 2,793.72 million between April 2000 and January 2015.
According to the Department of Industrial Policy and Promotion (DIPP).The Indian healthcare industry is expected to grow at a compound annual growth rate (CAGR) of 17 per cent during 2011-2020 to touch US$ 280 billion.
It is expected to rank amongst the top three healthcare markets in terms of incremental growth by 2020. Of total healthcare revenues in the country, hospitals account for 71 per cent, pharmaceuticals for 13 per cent and medical equipment and supplies for 9 per cents.